January 2017 archive

Permits to Drill January 6, 2017

Blaine County REDWOOD 21-15N-11W #1H, January 05 2017 21 15N 11W SESESESW API: 01123718 Lat: 35.75479098354597, Long: -98.37604155056808 DEVON ENERGY PRODUCTION CO LP HH, DR, 16276 ft, MISSISSIPPIAN(10370), WOODFORD(12060) Dewey County BART WOODS UNIT #1, January 05 2017 02 17N 16W NENESWNW API: 04321054 Lat: 35.98214109024356, Long: -98.88032551029711 CONTINENTAL RESOURCES INC HH, RC, 12798 ft, …

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Baker Hughes to Announce 4Q and 2016 Year End Results on January 26, 2017

Houston-based Baker Hughes Incorporated announced Thursday that it will release its fourth quarter and end of year operational results on Thursday, January 26, 2017 at 6:30 a.m. Eastern Time (5:30 a.m. Central Time), according to a company press release. The company will hold an investor conference call to discuss the results at 8:30 a.m. Eastern …

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WTI, Brent Crude Settle Higher on Wednesday as Natural Gas Falls Again

Crude oil futures finished higher on Wednesday as analysts predicted a drop in supplies for the first time in three weeks, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude rose 93 cents, or 1.8%, to settle at $53.26 a barrel. On the London ICE Futures Exchange, March Brent crude, …

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Permits to Drill January 5, 2017

Beckham County JONES TRUST 12 11 21 ##1H, January 04 2017 12 11N 21W NWNENWNW API: 00921984 Lat: 35.45021045785117, Long: -99.3789196609959 ATALAYA RESOURCES LLC HH, DR, 17400 ft, DES MOINES(12250) Blaine County STARK #10H-1LMX, January 04 2017 01 16N 10W N2N2NWNW API: 01123717 Lat: 35.897777940462994, Long: -98.22261652562649 NEWFIELD EXPLORATION MID-CON INC HH, DR, 19771 ft, …

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Conservative Groups Lobby for Confirmation of Pruitt as EPA Director

  Two conservative-based groups are working the political arena to get Oklahoma Attorney General Scott Pruitt confirmed as the new director of the EPA. America Rising Squared came out Wednesday with a memo showing the regulatory overreach of the EPA in West Virginia, Indiana, Missouri, Montana, North Dakota and Pennsylvania. Those happen to be where …

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Quality Jobs Program Adds 566 New Jobs in State

  Oklahoma’s Quality Jobs Program is creating nearly 570 new jobs at four companies enrolled in the program run through the State Department of Commerce. Tulsa-based Summit ESP, LLC, a leading manufacturer of oil and gas field machinery equipment plans to add 148 workers with benefits totaling $3.1 million. D and M Employee Leading, LLC …

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Halliburton Announces Plans to Hire 200 Workers in Permian Basin

With exploration expansion underway in the Permian Basin, Houston-based Halliburton says it will hire another 200 workers for its operations in the region. Hiring is underway in Odessa, Texas; Brownfield, Texas and Artesia, New Mexico. The company has about 50,000 employees worldwide, down from its 2014 peak of 85,000 employees. Halliburton said it’s looking for …

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Gasoline Prices Increase to $2.16 average in Oklahoma

Higher gasoline prices are reported this week in Oklahoma with a new statewide average of $2.16 a gallon, according to a weekly release from AAA Oklahoma. Around the state, none of the cities checked by AAA Oklahoma have an average under $2 a gallon. Lawton is lowest with an average of $2.08 a gallon. Tulsa …

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Chesapeake Reports Completions of 2-Year-Old Wells

Whether it was a strategy of waiting until oil prices rebounded of a lack of funds, Oklahoma City-based Chesapeake Energy is just reporting the completion of 8 wells in northwest Oklahoma, wells that in some cases were drilled in 2014. The completion reports, as published on OK Energy Today showed six wells completed in Woods …

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Bankruptcy Problems Possible for Dallas Energy Company

Problems in the Chapter 11 plan sought by Dallas-based Energy Future Holdings Corp. The company told senior secured noteholders this week it is pivoting from a proposed settlement in favor of a deal with unsecured noteholders. It could prompt the senior lenders to reject the Chapter 11 bankruptcy in a Delaware court. It was last …

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